Flexible Spending Accounts Help Consumers Manage Money
(NewsUSA) - For many, getting their financial house in order is top of mind in the initial months of the new year. And, when doing so, experts say people should consider including a flexible spending account as part of their overall financial strategy.
There are two types of flexible spending accounts: unreimbursed medical and dependent day care. At the beginning of each plan year, a flexible spending account allows an elected portion of a person's salary to be redirected to provide reimbursement for certain types of medical and day care expenses not reimbursed by other sources.








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